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During a campaign stop in Ohio this week, Ohio plumbing business owner Sam Joe Wurzelbacher questioned Barack Obama about his plan to increase taxes for the top five percent of income earners. Noting that he was planning to purchase a company that "makes" between $250,000 and $280,000, Wurzelbacher wondered what impact Obama's tax plan would have on him. [...]
Jake Tapper reports that it's not even clear if the figures Wurzelbacher cited take expenses into account. If his net profit is below $250,000, "Joe the Plumber" would be eligible for an Obama tax cut.
-Marissa Colón-Margolies
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